Lyft Is to Uber as Apples Are to an Entire Produce Store, Says Valuation Expert

Uber Technologies isn’t exactly Lyft, said Aswath Damodaran, a finance professor at New York University’s Stern School of Business, but the market will price them relative to each other. The two ride-sharing companies are making their debuts in the equity capital markets, with Lyft going public at the end of last month, and Uber filing […]

Uber’s IPO Filing Shows How Much of a Lead It Has on Rival Lyft

In the race for ride-hailing dominance, Uber is officially in the pole position, out-pacing rising competitor Lyft by more than $9 billion in revenue and at least 60 million users. That’s the big takeaway from Uber’s S-1, after the San Francisco-based company has filed its initial public offering paperwork with the Securities and Exchange Commission […]